A Russell Investments strategist said strong U.S. job growth in June could keep inflation as the main factor shaping the Federal Reserve’s policy path.
According to Jin10, Russell Investments senior investment strategist BeiChen Lin said in a report that U.S. employment growth in June was expected to remain robust, suggesting inflation may continue to dominate decisions about the Fed’s next steps.
Lin said that if the labor market stays resilient, inflation is likely to be the key factor influencing what the Fed does next.
He added that, given a recent increase in mergers and acquisitions, initial public offerings, and debt issuance, a key point to watch is whether employment growth in the financial services sector has accelerated.
The related data is due to be released on Thursday.
Russell Investments Says June U.S. Jobs Data May Keep Inflation Central to Fed Policy
2026-07-01 05:42:27
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